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UPS hub to expand, create hundreds of new jobs

Louisville's UPS centennial hub is about to get a lot larger, and promises to create hundreds of new jobs in the process.

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Updated: 7:00 PM EDT Aug 25, 2016

UPS hub to expand, create hundreds of new jobs

Louisville's UPS centennial hub is about to get a lot larger, and promises to create hundreds of new jobs in the process.

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Updated: 7:00 PM EDT Aug 25, 2016

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WEBVTT S ALREADY BEGUN EXPANDING THE UPS CENTENNIAL HUB IN LOUISVILLE . THE FLIP OF A SHOVEL MARKED THE OFFICIAL START OF CONSTRUCTION ON THE UPS EXPANSION PROJECT. THE PROJECT WILL TRIPLE THE SIZE OF THE CURRENT FACILITY TO 838,000 SQUARE FEET. IT WILL ALSO NEARLY DOUBLE THE SORTING CAPACITY TO 85,000 PACKAGES AN HOUR. MAYOR GREG FISCHER SAYS THE EXPANSION IS THE LATEST IN A SERIES OF WINS FOR LOUISVILLE. >> IN THE LAST SEVERAL YEARS, WE'VE ADDED 55,000 JOBS, STARTED 2500 NEW BUSINESSES, WE'VE GOT $6 BILLION IN CAPITAL BEING INVESTED IN THE CITY. MATTHEW: UPS OFFICIALS SAY THEY NEED TO GROW, IN PART, DUE TO THE E-COMMERCE BOOM. >> WHAT E-COMMERCE HAS DONE OVER THE LAST HANDFUL OF YEARS, WE'VE SEEN A TREMENDOUS SPIKE IN GROWTH RATE IN PEOPLE USING THE INTERNET. THE INTERNET LOOKS DIFFERENT, YOU KNOW, THAN IT DID JUST 5 TO 10 YEARS AGO. MATTHEW: GOVERNOR MATT BEVIN USED THE OCCASION TO TALK ABOUT HIS POLITICAL PRIORITIES, WHICH INCLUDE SCALING BACK BUSINESS REGULATIONS AND GETTING RID OF THE STATE'S INVENTORY TAX. >> LET'S JUST GET RID OF IT. IT'S AN ANTIQUATED TAX. THERE ARE PEOPLE WHO BENEFIT FROM THE VALUE OF THAT TAX, SO PART OF TAX REFORM IS TO ENSURE THAT WE ACTUALLY COME UP WITH WAYS TO OFFSET THE COST TO SOME OF THOSE THAT WOULD RECEIVE THOSE DOLLARS. WE WILL DO THAT. MATTHEW: THE EXPANDED FACILITY IS EXPECTED TO BE OPEN AND RUNNING BY AROUND 2019.

UPS hub to expand, create hundreds of new jobs

Louisville's UPS centennial hub is about to get a lot larger, and promises to create hundreds of new jobs in the process.